DUBLIN, Nov. 23, 2015 /PRNewswire/ -- Research and Markets (http://www.researchandmarkets.com/research/5fv63j/epoxy_adhesive) has announced the addition of the "Epoxy Adhesive Market by Type (One Component, Two Component & Others), by Material Type (Composite & Non Composite), by Application (Transportation, Automotive, Wind Energy, Marine, and Electrical & Electronics) - Global Forecasts to 2020" report to their offering.
The epoxy adhesives market, along with its applications, witnessed a moderate-to-high growth in the past few years and is likely to continue so in the coming years. This growth is mainly driven by the growing application sectors such as automotive, aerospace, and wind energy industries. The major driver for epoxy adhesives is the high demand of light weight vehicles. Decreasing the weight of vehicles is the major need of the end product manufacturers.
The Asia-Pacific region is the largest market for epoxy adhesive and is projected to witness the highest CAGR. The dominance of the market by Asia-Pacific is attributed to the growing demand for transportation, automotive, and wind energy applications. Countries such as China, India, and Japan are expected to lead the Asia-Pacific epoxy adhesives market, with China accounting for the largest share in the region's market. Currently, the market size, in terms of volume, for epoxy adhesives is comparatively low in India, Mexico, Brazil. However, these countries are expected to grow at the higher rate than the mature markets.
North America and Asia-Pacific are the most active markets in terms of strategic initiatives undertaken by the key market players. Factors such as huge and increasingly addressable customer base and the shift in manufacturing base from North America and Europe to Asia-Pacific region are driving the growth of the market in Asia-Pacific.
The leading epoxy adhesive manufacturers are Henkel AG (Germany), Huntsman (U.S.), the Dow Chemical Company (U.S.), 3M Company (U.S.), Ashland Inc. (U.S.), Sika A.G. (Switzerland), Permabond (U.S.), Lord Corporation (U.S.), Illinois Tool Works Incorporation (U.S.), and Weicon GmbH (Germany), among others.
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 Epoxy Adhesives Market, by Type
8 Epoxy Adhesives Market, by Application
9 Epoxy Adhesives Market, by Region
10 Competitive Landscape
11 Company Profiles
- 3M Company - Ashland Inc. - Henkel Ag - Huntsman Corporation - Illinois Tool Works Incorporation - Lord Corporation - Permabond Llc. - Sika A.G. Ag - The Dow Chemical Company - Weicon Gmbh
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Laura Wood, +353-1-481-1716, firstname.lastname@example.org
SOURCE Research and Markets